Together AI notches $3.3 billion valuation after latest fundraising

NVDA

(Reuters) - Together AI said on Thursday it hit a valuation of $3.3 billion after a $305 million funding round.

The funding round was led by General Catalyst. A string of other investors including Salesforce Ventures, chip giant Nvidia and Coatue also participated in the round.

The company was valued at $1.25 billion last year in a Salesforce Ventures-led funding round.

(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Shinjini Ganguli)